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Eds building company has the production function q=20L - L^2. L is the quantity of labor Ed employs.

1. Find marginal production of labor and the average product of Labor 

2. For what value of L is MPl greater than 0? For what values is it diminishing?

 

 

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91520058

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